Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, chaired a virtual meeting of G7 Finance Ministers. Focused on bolstering global economic resilience, the core of the discussion centred on export controls and critical minerals.
We, the G7 Finance Ministers, held a virtual meeting on December 8, together with the Heads of the International Monetary Fund (IMF), World Bank Group (WBG), Organisation for Economic Co-operation and Development (OECD), and Financial Stability Board (FSB). We were also joined by Canada’s Minister of Energy and Natural Resources and Finance Ministers and their representatives, from Australia, Chile, India, Mexico, and the Republic of Korea for parts of the meeting.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed the International Monetary Fund (IMF)’s Concluding Statement of the 2025 Article IV Mission.
In keeping with this commitment, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the appointment of Chantal Frappier, Marjolaine Giasson, Sandra L. Hanington, Maureen C. Jensen and Andrew D. Mutch to the Board of Directors of the Bank of Canada, effective November 27, 2025.
Mr. Andrew D. Mutch currently serves as the President of Michelin North America (Canada) Inc., where he is responsible for ensuring the long-term sustainability and operational excellence of the Canadian operations. Throughout his tenure at Michelin, Mr. Mutch has held several key positions, including Plant Manager of the Michelin Bridgewater Plant and Pictou Tire Operations in Nova Scotia, Director of Strategy and Performance Improvement at Michelin North America in Greenville, South Carolina, and Director of Human Resources at Michelin Canada.
Ms. Maureen Jensen has been a leader in the investment industry and securities regulation for more than 20 years and is currently a Director of Franco-Nevada Corporation, a public governor of the Financial Industry Regulatory Authority (FINRA) – a private, non-governmental organization in the United States that acts as a self-regulatory organization (SRO) and is the Chair of the Board of Directors at Ombudsman for Banking Services and Investments (OBSI). She also sits on the Capital Markets Institute Advisory Committee at the Rotman School of Business.
Halifax, Nova Scotia – On November 28, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in an armchair discussion at an event hosted by the Halifax Chamber of Commerce.